Q & 4 – The all important Q4 is almost upon us…
Q & 4 – The all important Q4 is almost upon us… Written by Justin Prusiensky Sep 22, 2019 September 22, 2019 Taxes While it may not feel like Fall is anywhere close by, the date tells us that we have barely 100 days left in the year. For those businesses...
IRS has begun sending letters to virtual currency owners advising them to pay back taxes, file amended returns; part of agency’s larger efforts
IRS has begun sending letters to virtual currency owners advising them to pay back taxes, file amended returns; part of agency’s larger efforts Written by Justin Prusiensky Jul 31, 2019 July 31, 2019 Blog | Taxes IR-2019-132, July 26, 2019 WASHINGTON — The...
Hi GP CPA Client!
Dear GP CPA Client: At the rate the company is going, you will end up with an $18,000 tax bill at the end of year. With about 20 weeks left in the year, we would need to move your payroll up to about $1,000 per week (its currently at $500) and put most of the...
Changes at GP CPA
This has been a busy year for all of us! Gary M Prusiensky, CPA, P.C. aka GMP CPA had a Google problem. We have changed the name of our firm to GP CPA, P.C. effective March 2019. “Gary M Prusiensky, CPA, P.C.” and “GMP CPA” had a substantial overlap on Google search...
Court-Approved Way to Defeat IRS Penalties
Court-Approved Way to Defeat IRS Penalties Like you, GP CPA does not like IRS penalties. That’s why we keep you up to date on new ways you can beat the IRS at its penalty game. We have previously outlined a new and potentially powerful penalty abatement strategy that...
Technology that GP CPA is currently using
We are approaching mid-year (for those of us on a calendar year…) and enough time has passed that we can reflect back on some of the technology that GP CPA has been using and is no longer using in 2019. First up, let’s have a drink for those who are no longer with us:...
TCJA Allows Bonus Depreciation on Purchase of Leased Vehicle
TCJA Allows Bonus Depreciation on Purchase of Leased VehicleBefore the Tax Cuts and Jobs Act (TCJA), your purchase of the vehicle you were leasing did not qualify for either Section 179 expensing or bonus depreciation. But times have changed. The TCJA made two changes...
Backdoor Roth IRA Opportunities Still Available After TCJA
Backdoor Roth IRA Opportunities Still Available After TCJA Good news. The Tax Cuts and Jobs Act (TCJA) did not harm the backdoor Roth strategy.As you likely know, the Roth IRA is a terrific way to grow your wealth with a minimum tax downside because you pay the taxes...
Xero and electronic payment processing options (PayPal, Stripe, IntegraPay, Square, Plooto)
Xero and electronic payment processing optionsFor clients that will use invoices as the primary method of billing, there are quite a few options for that are better than “the check is in the mail” (spoiler alert, it never is). All of the payment processors below will...
H. Johns
21:58 13 Jul 19
This firm is absolutely the best that I've dealt with when it comes to CPAs and financial advice. I'd gone to another CPA in the area for help with my small business during tax time, they stopped communicating and I was left with important documentation not filed and a lot of anxiety around what to do. My appointment with Justin was set up quickly and I was in within a couple days to sit down with him. When you first meet him, you get the impression that he's incredibly intelligent and knows what he's talking about. He took the time to guide me through each and every step that I needed to take to move forward and actually ended up saving me money. I am so grateful to him for his knowledge and professionalism. Total life saver! If you're a small business owner, you should not be taking your time, money or business anywhere else but GP CPA and their crew :)read more
Tina Simmons
13:38 17 May 19
This team is dedicated to their clients and committed to understanding your business and sharing their knowledge to help you succeed. I love working with these folks, they take the worry and uncertainty out of accounting and taxes!read more
Bravo4 Autowerks
12:55 08 May 19
Gary and his team have been fantastic for me and my business. They respond well to all my questions, are very helpful and of course keep my financials in order. Highly recommended.read more
Queen City Newborn Care
15:57 02 Apr 19
I was drowning before I met Justin. He totally transformed how I run my small business and has gotten me organized in ways I didn't even know were possible. I am so grateful for his advice and suggestions! This company is worth every penny.read more
Dennis Bloomberg
16:01 26 Mar 19
Unfortunately, I found GMP when my mother passed. She had a trust set up and I had no experience with one. I received excellent advice prior to filing taxes, that allow for the transfer of assets with little tax implication. The tax process was simple for me, Justin took over once he had details and cleared up all question from filing our taxes. Thank you for a job well done!read more
Natalie Knight
15:35 21 Nov 18
Prusiensky CPA is up to date on technology. They handcraft a platform that works best for your company's accounting services. We really appreciate how hands on and quick their team is when replaying to any type of correspondence. Simply put, they care and want your company to succeed.read more
Ashlyn Lelej
14:39 21 Nov 18
I highly recommend Justin at Prusiensky, CPA for all of your accounting and tax needs. I've been a client for over two years, and have been consistently impressed with their dedication to helping my business grow and be financially successful. His advice is invaluable. Thank you!read more
Bobby Nguyen
22:23 20 Nov 18
My partner and I started our very first small business last year. Justin has been a blessing to us. Being new at all of this, we didn’t understand much of how business taxes work. Justin explained and answer all of questions that we have. He took care of everything for us throughout the year and have made life so much easier for us. I couldn’t have asked for a better CPA. Highly recommended!read more